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Whether you been running a business for a while or you are just starting this event is essential for your continued success.

“Those with a clear plan are more likely to succeed!”

Everyone knows you should have a business plan but too many are produced for the wrong reasons and never used. So whilst its true that businesses that have a clear business plan which is regularly updated are more likely to succeed and grow profitably too many never see the light of day after being written. The reason for this is planning only becomes effective if you know what you want from life and from your business.

So where are you on the journey?

Business planning is not just about financial projections. These are essential but can only be produced after you have a clear view of what you want to achieve in your business by when and how you are going to achieve it.

The business plan is like a map – it gets you from where you are now to where you want to get to in the future. And the planning process encourages you to think about your business in the medium and longer term not to just deal with the current day-to-day operations.